Lucintel's latest market report analyzed that transparent ceramic provides attractive opportunities in optics & optoelectronics, aerospace, defense & security, mechanical/chemical, sensors & instrumentation sector. The transparent ceramic market is expected to grow with a CAGR of 10.1%. In this market, sapphire is the largest segment by material type, whereas optics & optoelectronics is largest by end use industry. Usage of transparent non-cubic laser ceramic for optical applications and transparent ferroelectric glass-ceramic for wastewater treatment by piezocatalysis provides strategic growth path in this market.
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Based on material type, the transparent ceramic market is segmented into
sapphire, yttrium aluminum garnet, aluminum oxynitride, spinel, and others
(yttria & cubic zirconia). The sapphire segment accounted for the largest
share of the market in 2020 and is expected to register the highest CAGR during
the forecast period, due to its excellent optical properties, high wear and
scratch resistance, a high operating temperature, is chemically inert, has high
strength, high electrical resistance, and high thermal conductivity.
Browse in-depth TOC on
“Transparent Ceramic Market”
48 – Tables
64 – Figures
140 – Pages
The Transparent Ceramic
Market is marked by the presence of several big and small players. Some of the
prominent players offering transparent ceramic include CoorsTek, Surmet,
Schott, II-VI Optical Systems, CILAS, Brightcrystals Technology, and CeramTec.
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Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
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